Anchorage Digital secures $100M investment from Tether as it eyes US IPO
Crypto Briefing
Tether has made a $100 million strategic investment in Anchorage Digital to support its institutional digital asset infrastructure goals.Summary
Tether, through its investment arm Tether Investments, has injected $100 million in strategic equity into Anchorage Digital, the US's first federally regulated digital asset bank. This investment deepens the existing partnership and signals a mutual commitment to building secure and resilient infrastructure for the digital asset ecosystem. Anchorage Digital CEO Nathan McCauley views the backing as strong validation of their work. The funding arrives as Anchorage Digital is reportedly planning a US Initial Public Offering (IPO), aiming to raise up to $400 million while solidifying its role as a federally chartered crypto bank.
(Source：Crypto Briefing)